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RTL Group S.A. (RRTL.DE)

Frankfurt Stock Exchange (XETRA) Communication Services BroadcastingView data quality →
55.1Fair

ValueMarkers Composite Index

Top 54%#20,731 of 44,707
Undervalued

41% below intrinsic value ($76)

UndervaluedFair ValueOvervalued
Piotroski
5/9
Neutral
Beneish
5.00
High Risk
Altman
2.17
Grey Zone
DCF Value
$76
Undervalued
ROIC
2.3%
Low
P/E
42.5
Growth
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

RTL Group S.A. (RRTL.DE) — VMCI valuation read

Headline read on RRTL.DE: VMCI of 55/100 versus a Communication Services sector median of 50. The 5-point above-median position is what makes RTL Group S.A. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on RRTL.DE: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on RRTL.DE: value (RRTL.DE trades at 19.0x earnings, 6% above the Communication Services median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Communication Services median (10.0%)), and risk (net debt to EBITDA of 0.2x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Communication Services 12.0x baseline.

RRTL.DE fell 3.7% over the trailing 7 days, with a -3.8% read on a 30-day basis.

RTL Group S.A., an entertainment company, operates television (TV) channels and radio stations, and provides streaming services in Germany, France, the Netherlands, Belgium, the United Kingdom, the United States, and internationally. The RTL Deutschland segment operates RTL, Vox, Super RTL, Toggo Plus, NTV, Nitro, Vox Up, and RTL Up free-to-air channels; RTL Crime, RTL Passion, RTL Living, GEO Television, and Now! thematic pay channels; and RTL Zwei, an equity participation in the free-to-air channel. This segment also offers streaming service RTL+; engages in content activities, such as the production companies RTL Studios and RTL News; and provision of RTL Radio Deutschland and ad-tech business, Smartclip. The Groupe M6 segment operates television channels; radio stations; and digital services, including mobile applications and IPTV services. The Fremantle segment is involved in the content production comprising of distribution and licensing business. The RTL Nederland segment operates RTL 4, RTL 5, RTL 7, RTL 8, RTL Z, RTL Lounge, RTL Crime, and RTL Telekids TV channels; and Videoland, a pay streaming service, as well as offers RTL XL, a catch-up TV service in the Netherlands. The Other segment operates RTL play, a streaming service; RTL-TVI; RTL Klub; Club RTL; RTL Most, a streaming platform; RTL Televizija; RTL 2; RTL Kockica children's channels; RTL Luxembourg; RTL Radio Letzebuerg; and RTL Tele Letzebuerg, a general interest TV channel. The company was founded in 1924 and is based in Luxembourg City, Luxembourg. RTL Group S.A. is a subsidiary of Bertelsmann Capital Holding GmbH.

CEO: Thomas Rabe12,941 employeesLUcompany.rtl.com

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